Blockchain startup Band Protocol lands US$3m seed funding led by Sequoia India

Singapore

WHILE still in the thick of building its blockchain solution and business model, startup Band Protocol is now the first blockchain bet of venture firm Sequoia Capital India in Southeast Asia.

Singapore- and Thailand-based Band Protocol has secured US$3 million in seed funding led by Sequoia India, the startup announced on Monday. Other investors include early-stage venture firm SeaX and Dunamu and Partners, the investment arm of Korean fintech Dunamu, which operates crypto exchange Upbit.